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Fiscal policy and economic cycles in oil-exporting countries /

This paper empirically assesses the impact of oil price shocks on the underlying non-oil economic cycle in oil-exporting countries. Panel VAR analysis and the associated impulse responses indicate that in countries where the oil sector is large in relation to the economy, oil price changes affect th...

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Bibliographic Details
Call Number:Libro Electrónico
Main Authors: Husain, Aasim M. (Author), Tazhibayeva, Kamilya (Author), Ter-Martirosyan, Anna (Author)
Corporate Author: International Monetary Fund. Middle East and Central Asia Department
Format: Electronic eBook
Language:Inglés
Published: Washington, D.C. : International Monetary Fund, ©2008.
Series:IMF working paper ; WP/08/253.
Subjects:
Online Access:Texto completo

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